NOT LISTED FOR SALE

835 Red Mountain Rd Aspen, CO 81611

Estimated Value: $22,330,895

5 Beds
9 Baths
14,565 Sq Ft
$1,533/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $17,515,000 $1,203 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $124,343/month

25 Days on Market

Highlights

  • Spa
  • 3 Acre Lot
  • Steam Shower
  • Aspen Middle School Rated A-
  • 5 Fireplaces
  • Brick or Stone Mason

About This Home

As of September 2020

This 14,565 square foot 5 bedroom, 9 bath gated home on Red Mountain is perfect for hosting friends and family. Drive through the private gate to a spectacular Tuscan inspired entrance arriving at the porte-cochere which separates the main house from the 20 meter indoor pool, gym, massage room, and sauna. Step out to the backyard area to take in the 180 degree views from Independence Pass to Mt. Sopris while enjoying the amazing outdoor spaces for entertaining as well as the covered patio for year round gatherings. With 5 en suite bedrooms, including the generous master bedroom with impressive his and her closets, wine cellar, private office, and theater you have all the amenities available without leaving home

Last Agent to Sell the Property

Carrie Wells

CB, The Aspen Broker Brokerage Phone: (970) 925-7000 Listed on: 07/01/2020

Co-Listed By

Chris Souki

Coldwell Banker Mason Morse-Aspen Brokerage Phone: (970) 925-7000 License #FA100022800

Last Buyer's Agent

Erik Berg

ENGEL & VOLKERS License #ER.040043847

ENGEL & VOLKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,653

Year Built

  • Built in 2001

Lot Details

  • 3 Acre Lot
  • South Facing Home
  • Southern Exposure
  • Landscaped with Trees
  • Property is in excellent condition
  • Property is zoned R-30

Parking

  • 4 Car Garage

Home Design

  • Brick or Stone Mason
  • Frame Construction
  • Metal Roof
  • Stone Siding
  • Stucco Exterior

Interior Spaces

  • 14,565 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Partially Furnished
  • 5 Fireplaces
  • Gas Fireplace
  • Window Treatments
  • Home Security System
  • Property Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Steam Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • Water Rights

Community Details

  • Property has a Home Owners Association
  • Association fees include sewer
  • Red Mountain Subdivision

Listing and Financial Details

  • Assessor Parcel Number 273706311001

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,653

Year Built

Built in 2001

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Co List Office Mls Id: CBMMAspen
  • Co List Office Phone: 970-925-7000
  • Inclusions: Dryer, Oven, Refrigerator, Washer, Window Coverings, Range, Microwave, Dishwasher
  • Subdivision Name: Red Mountain
  • Directions: North on Mill Street/Red Mountain Road. At Draw Drive/Red Mountain Fork, head up unpaved driveway straight ahead. Stay right up driveway.
  • Architectural Style: Other
  • Master Model: No
  • New Construction: No
  • Year Built: 2001
  • Tax Parcel Letter: R013894
  • Attribution Contact: (970) 925-7000
  • Location Info:Furnished: Partial
  • Keywords Info:Pre-Fabricated Home: No
  • General Info:Zoning2: R-30
  • General Info:Main Floor Master: No
  • Laundry Facility:Laundry Room: Yes
  • Listing Info:Short Sale: No
  • Listing Info:REO: No
  • Listing Info:Auction: No
  • Gas:Natural Gas2: Yes
  • General Info:Levels: 3.0
  • Financing Info:Taxes2: 44653.0
  • Financing Info:Tax Year2: 2019
  • Extras:Hot TubSpa: Yes
  • Extras:Landscaping: Yes
  • Extras:PatioDeck: Yes
  • Extras:Security System: Yes
  • Sanitation:Sewer: Yes
  • Extras:Pool: Yes
  • Inclusions:Dishwasher: Yes
  • Inclusions:Microwave: Yes
  • Exterior:Stone Siding: Yes
  • Inclusions:Range: Yes
  • Condition:Excellent: Yes
  • Inclusions:Dryer: Yes
  • Inclusions:Washer: Yes
  • Inclusions:Window Coverings: Yes
  • Extras:Elevator: Yes
  • Unit Faces:South: Yes
  • Exterior:Stucco: Yes
  • Inclusions:Oven: Yes
  • Cooling:Central AC: Yes
  • Roof:Metal: Yes
  • Extras:Steam Shower: Yes
  • Water Rights:Yes3: Yes
  • Financing Info:HOA Dues YN: No
  • Listing Info In Foreclosure: No
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Full Bathrooms: 6
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas
  • Fireplaces: 5
  • Fireplace: Yes
  • Interior Amenities: Elevator
  • Living Area: 14565.0
  • Fireplace:Gas: Yes
  • Style Other: Yes

Exterior Features

  • Lot Features: Landscaped
  • Construction Type: Stone Veneer, Stucco, Stone, Frame
  • Property Condition: Excellent
  • Roof: Metal
  • Construction:Frame: Yes
  • Construction:Stone: Yes

Garage/Parking

  • Garage Spaces: 4.0

Utilities

  • Laundry Features: Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Hot Water, Natural Gas
  • Heating Yn: Yes
  • Utilities: Natural Gas Available
  • Water Source: Public
  • Heating:Radiant: Yes
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • Listing Info:Member Association: Aspen Association
  • Location Amenities:Views: Yes
  • Location Amenities:Exposure Southern: Yes
  • Location Amenities:Trees: Yes

Fee Information

  • Association Fee Includes: Sewer

Lot Info

  • Lot Size Sq Ft: 130680.0
  • Parcel #: 273706311001
  • Zoning: R-30
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 44653.0
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Sep 15, 2020
Sold by
Dglg Managmeent Llc
Bought by
Akal Yama Llc
Seller's Agent
Carrie Wells
CB, The Aspen Broker
Buyer's Agent
Erik Berg
ENGEL & VOLKERS
List Price
$17,950,000
Sold Price
$17,515,000
Premium/Discount to List
-$435,000
-2.42%
Current Estimated Value
$22,330,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,815,895
Avg. Annual Appreciation
-4.09%

Purchase Details

Closed on
May 4, 2020
Sold by
David Alan Gitlitz Revocable Trust
Bought by
Dglg Management Llc

Purchase Details

Closed on
Apr 30, 2020
Sold by
Louise Ann Cobb Gitlitz Revocable Trust
Bought by
Dglg Management Llc

Purchase Details

Closed on
Jun 13, 2017
Sold by
Gitlitz Loise A
Bought by
Louise Ann Cobb Gitlitz Revocable Trust

Purchase Details

Closed on
May 30, 2017
Sold by
Gitlitz David A
Bought by
David Alan Gitlitz Revocable Trust

Purchase Details

Closed on
Mar 5, 2003
Sold by
Gitlitz David A and Gitlitz Louise A
Bought by
Gitlitz David A and Gitlitz Louise A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,500,000
Interest Rate
3.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Akal Yama Llc -- None Available
Akai Yama Llc $17,515,000 Title Co Of The Rockies
Dglg Management Llc -- None Available
Dglg Management Llc -- None Available
Louise Ann Cobb Gitlitz Revocable Trust -- None Available
David Alan Gitlitz Revocable Trust -- None Available
Gitlitz David A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gitlitz David A $6,000,000
Previous Owner Gitlitz David A $4,000,000
Previous Owner Gitlitz David A $6,000,000
Previous Owner Gitlitz David A $3,000,000
Previous Owner Gitlitz David A $3,000,000
Previous Owner Gitlitz David A $6,000,000
Previous Owner Gitlitz David A $3,000,000
Previous Owner Gitlitz David A $6,435,000
Previous Owner Gitlitz David A $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $17,515,000 -2.4% $1,203 / Sq Ft
07/27/2020 07/27/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $17,950,000 -- $1,232 / Sq Ft
Source: Aspen Glenwood MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $76,982 $2,676,320 $735,990 $1,940,330
2023 $76,982 $2,704,980 $743,870 $1,961,110
2022 $59,280 $1,872,520 $667,200 $1,205,320
2021 $56,097 $1,827,730 $686,400 $1,141,330
2020 $44,654 $1,451,450 $657,800 $793,650
2019 $44,654 $1,451,450 $657,800 $793,650
2018 $41,254 $1,660,600 $662,400 $998,200
2017 $37,873 $1,417,920 $648,000 $769,920
2016 $30,463 $1,118,070 $636,800 $481,270
2015 $30,273 $1,118,070 $636,800 $481,270
2014 $29,957 $1,080,490 $676,600 $403,890
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Carrie Wells

    CB, The Aspen Broker

  • C

    Seller Co-Listing Agent in 2020

    Chris Souki

    Coldwell Banker Mason Morse-Aspen

  • Erik Berg

    Buyer's Agent in 2020

    Erik Berg

    ENGEL & VOLKERS

    (970) 379-6353

    25 in this area

    71 Total Sales

    Erik Berg
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Map

Source: Aspen Glenwood MLS

MLS Number: 165023

Aspen Glenwood MLS

APN: R013894

Colorado Pitkin County Aspen 81611

835 Red Mountain Rd, Aspen, CO

This home is located at 835 Red Mountain Rd, Aspen, CO 81611 since 01 July 2020 and is currently estimated at $22,330,895, approximately $1,533 per square foot. This property was built in 2001. 835 Red Mountain Rd is a home located in Pitkin County with nearby schools including Aspen Elementary School, Aspen Middle School, and Aspen High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Aspen Glenwood MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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